flat 602., Horizon House, Borough Road, Sunderland, Tyne and Wear SR1 1HS

Auction Commencing on Monday 02nd November at 1pm and ending 24 hours later on Tuesday 03rd November from 11am with Auction House North East.

Please register to bid via our website - auctionhouse.co.uk/northeast TENANTED INVESTMENT OPPORTUNITY – Sixth-floor studio apartment in Sunderland city centre, currently let at £500 PCM (£6,000 PA), with fitted kitchen, bathroom and EPC rating C. An excellent opportunity for investors to acquire this sixth-floor studio apartment within the popular Horizon House development in Sunderland city centre.

The property is currently let at £500 per calendar month, producing a passing rental income of £6,000 per annum, providing an immediate income stream from completion.

The accommodation extends to approximately 16 sq m and comprises an entrance hall, bathroom with shower, fitted kitchen area and an open-plan lounge/bedroom. The apartment benefits from a large window frontage providing plenty of natural light.

Horizon House is conveniently positioned within Sunderland city centre, providing easy access to a wide range of shops, bars, restaurants and transport connections, making the development popular with tenants.

An affordable, ready-made investment opportunity which should appeal to landlords looking to add an income-producing property to their portfolio. Tenure: Leasehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.